NXP to invest $22M in Austin, Arizona to make chips more secure for U.S. government

URLhttps://www.bizjournals.com/austin/news/2017/07/24
SourceAustin Business Journal
Date Published07/24/2017
Author NameWill Anderson
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name NXP Semiconductors NV
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Year reshoring announced:2017
Domestically, the work will be done:In-house
Capital investment ($):22
Country(ies) from which reshored:Netherlands
City reshored to:Austin
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredSemiconductor Chips
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training
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